Use Techonology to Your Advantage : Trading is a competitive business and you can assume taking the other side of your treads is armed with the best techonology. Charting platforms allow an infinite variety of methods for your analysis of the markets, figure which technology makes most sense to your approach

If you are new to the markets, then first do paper trading and enter markets only after gaining some confidence. If you are already dealing with the markets but are not making good profits, then take the advice from some professional agencies. Hire their services or ask your broker to do so for you. Having the knowledge of the ins and outs of trading will definitely help you in making a successful trade. Be a disciplined trader, not a reckless one and be careful while making decisions.

Additionally, do not curve fit trends when backtesting a trading strategy. Retail trading organizations like TD Ameritrade allow backtesting and forward testing of strategies where most traders will fit a strategy to previous trends seen in years and decades past, rather than devising strategies based upon real time pattern recognition (i.e. the paper trading one individual suggested).

My advice would be to learn the basics of candlestick charting to provide a quick visual display of the market action. All indicators are lagging indicators except for volume, price action, and significant price levels or inflection points where capitulation may occur (Support/Resistance/Whole Numbers/52 week high/52 week low).

Stochastic indicators are measured from 0-100 and are known as oscillators (they move only within this controlled range). One good example would be the Relative Strength Index (RSI), which has been used to denote overbought or oversold conditions; however, these indicators fail in times of breakouts in either directions, and a stock can potentially go up infinitely in its "overbought" state or down to 0 in its "oversold" state. This indicator, and most others, are comprised of overly complex calculations, which are derived from price action and volume of a given security.

In brief, the best way to learn how to trade is to actually trade to see the most viable methods and strategies that fit your risk tolerance, time frames you are trading, instruments you prefer, and technology setup you utilize.

Tue Nov 24, 2015 11:30 pm

talonsalinaMember

Cash: $ 2.40

Posts: 10
Joined: 07 Aug 2015
Location: USA

There are lots of people who aspire to become profitable traders in today's market environment. You need to take responsibility for your actions only you can give yourself success. Don't follow anyone else blindly. Here are some rules for successful trading Work Smart, Don't day trade, Discipline, Be Confidence, Be Patience and Be Realistic.

Yes, I am also curious as to what are the other 9 rules. Trading entails tried-and-tested strategies, backed with experience and topped with knowledge. The attitude of the trader itself plays a significant role too. They say that without a vision, you won't have any direction so it's best to always allow your goals to motivate you and find ways on how to succeed in the trading industry that you're in.

Thu Jan 07, 2016 9:13 am

ElisabethStaffeldNew Member

Cash: $ 0.85

Posts: 4
Joined: 27 Jan 2016
Location: Los Angeles

Would you like to share some amazing and effective tips to get more profit margins in e-retailing?

Wed Jan 27, 2016 7:36 am

selina9Contributing Member

Cash: $ 2.75

Posts: 27
Joined: 17 May 2016
Location: ctg

R8

Thu May 19, 2016 7:23 am

katei25New Member

Cash: $ 0.60

Posts: 3
Joined: 22 Apr 2016
Location: USA

Always check the “bid size” and the “ask size” for any exchange-listed stock before entering a buy or sell order.There are two reasons for this advice: (1) Stocks below $10 are usually quoted at larger percentage spreads between bid and ask (the buying and selling prices), so you need a bigger price increase to break even; and (2) companies with low-priced stocks are more prone to financial trouble, including bankruptcy.

Thu May 26, 2016 7:30 am

chetanepicNew Member

Cash: $ 1.50

Posts: 6
Joined: 15 Apr 2016
Location: INDORE

Very helpful Content!!!

As we know that, the stock market trading is a best platform to earn a extra income. In that case these rules which mentioned in the post are very important for a trader. I also suggest everyone to get free & accurate NIFTY FUTURES TIPS which is generated by most experienced market experts.

Thu Jun 02, 2016 8:53 am

BencurtMember

Cash: $ 2.25

Posts: 11
Joined: 31 Aug 2016

quote:Originally posted by ElisabethStaffeldWould you like to share some amazing and effective tips to get more profit margins in e-retailing?

I would like to get few amazing tips which will be effective much more. Please share ..........

Fri Sep 02, 2016 2:54 pm

RahimlakhanyContributing Member

Cash: $ 1.30

Posts: 36
Joined: 24 Jun 2017

I have been trading for last 8 years and during this phase, I have learned a lot. In those things, I have figured out that rules are useless, it’s just about discipline and confidence that you need, if you got these attributes then you can do quite well. We just need to be disciplined in our approach and be transparent in our execution; if we got this right then we have least to worry for anything else.

Sat Jul 01, 2017 9:59 pm

Steven44Member

Cash: $ 3.40

Posts: 17
Joined: 25 Jul 2017

And the tips are missing . For me, it is discipline, self-control, motivation, trading only when I feel like it, Money management, always checking economic news, calm...hmm..can't think about the rest 3